TRC20-USDT issuance increased to 72.7 billion, a record high

Mars Finance News, the latest update: TRC20-USDT issuance has increased to 72.7 billion tokens, reaching a historic high. Since the beginning of this year, the TRON network has cumulatively issued nearly 13 billion USDT, with TRC20-USDT currently accounting for 48.6% of the total USDT supply network-wide, with 65.25 million holding accounts and over 2.485 billion total transfers. Additionally, during the recent TOKEN2049 Dubai event, Justin Sun engaged in a fireside chat with Eric Trump and WLFI co-founder Zach Witkoff. During the discussion, Witkoff revealed that the USD1 stablecoin issued by WLFI will be natively deployed on the TRON network. TRC20-USDT is a Tether-issued stablecoin anchored to the US dollar on the TRON network, with its fast transfer speed and low transaction fees attracting a large number of users. It has already gained support from multiple exchanges including Binance, HTX, OKX, Bitfinex, MEXC, Kucoin, gate.io, and Poloniex. The TRC20 version of USDT will significantly enhance the existing decentralized application ecosystem of TRON, bringing higher overall value storage and stronger decentralized exchange liquidity, and providing a more convenient blockchain entry point for enterprise partners and institutional investors.